A clean Ascending Triangle often precedes a big move. Validate your entry.
Bullish continuation pattern.
Technical analysis of Paychex (PAYX) reveals a significant setup. With a last close of $113.55, volatility remains active (2.61%). Price action has carved out a classic Ascending Triangle. Volume is average (0.84x avg) with moderate trend strength (33.9). A potential breakout level is identified at $117.72, targeting $142.42 with support near $107.49 (R:R 2.41).
What is your outlook on PAYX?